Expanding DETs Paraguay's national Senate approved legislation imposing a 10 percent export tax on unprocessed soybeans as well as on wheat and corn. The measure is aimed at encouraging the processing of soybeans within the country rather than exporting them as whole soybeans. It also would encourage the export of wheat flour rather than wheat and the export of grain-fed cattle, pigs, and chickens rather than corn. The big proponents of the tax are Paraguay's soybean processors who this year have faced aggressive competition from processors in Argentina.After Argentina suffered a major drought in 2012 that reduced its soybean supply, the government allowed its processors to import soybeans from Paraguay duty-free. This allowed the Argent...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.